Tag Archives: jay Singh

SpiceJet will soon enable connectivity to Assam’s northern district of Lakhimpur with Jorhat in the south. This was announced by Ajay Singh, Chief Managing Director, SpiceJet at Advantage Assam-Global Investors Summit’18 in Guwahati. The move will, if it comes through, form part of Centre’s UDAN or Regional Connectivity Scheme (RCS), an initiative taken to make air travel to India’s Tier-II and III cities affordable and at the same time putting remote regions on the country’s aviation map. “For India to grow, it is critical that North East grows. And, the region cannot grow without connectivity. SpiceJet connects cities of Guwahati, Silchar and Dibrugarh to other parts of the country and under UDAN, we will soon be connecting Lakhimpur and Jorhat,” Singh said. The two-day event showcased the state’s manufacturing opportunities and geostrategic advantages to foreign and domestic investors. The summit was organised by the Assam Government, in association with the Federation of Indian Chambers of Commerce and Industry (FICCI). There were a number of focus sectors identified by the state, which includes agriculture and food processing, organic farming, bamboo, handloom, textile and handicrafts, inland water transport, riverfront development and logistics. Source:ANI

SpiceJet has inked a deal with Boeing for purchase of upto 205 aircraft. Ajay Singh, Chairman and Managing Director, SpiceJet revealed that the new deal is the enhancement of its existing order of 55 aircraft with additional 100 firm B737-8 MAX and 50 purchase rights for B737-MAX and wide body aircraft. The total orer of 205 aircraft is valued at $22 billion (Rs. 150,000 crores). The aircraft delivery will be done between 2018 to 2020.